The Income Factory

An Investor’s Guide to Consistent Lifetime Returns

By: Steven Bavaria

Narrated by: Fred Filbrich

Length: 6 hrs and 37 mins

Publisher's summary

The proven, all-weather investing strategy that delivers long-term, consistent returns.

The most common investing approach today - one that values “growth” over all else - can be ineffective and counterproductive for many investors, not to mention needlessly stressful.

Now, one of Seeking Alpha's most popular writers, Steven Bavaria, provides a groundbreaking alternative that will see you through all markets - up, down, and sideways. The Income Factory shows how to build an income stream that increases solidly and consistently - a result of reinvesting and compounding the dividends. And the best part? This income stream actually grows faster during market downturns than during flat or rising market periods.

The Income Factory sheds light on:

• Why “high-yield” doesn't have to mean “high-risk”
• How credit investments perform more predictably than equity investments
• Why “junk” is a misnomer - and why high-yield debt is safer than most of the stocks investors own
• How to grow your wealth steadily without following the markets obsessively

Through Bavaria's strategy, cash income increases year after year at a predictable rate. For example, a nine percent yielding portfolio doubles and redoubles every eight years. If you're in for the long haul, an income factory lets you achieve your goals and still sleep well at night.

Investing does not have to be about picking specific horses and hoping they win the race. An income factory achieves its goals by essentially betting on horses to make it around the track and finish the race.

Those are easier bets to win, and they don't require us to be glued to the financial news 24/7.

©2020 McGraw-Hill Education (P)2020 McGraw Hill-Ascent Audio

I can do this

This book gave me a good foundation to start looking outside the box of conventional investing. I've listened to the audio and downloaded the Kindle version of this book. I've already started to adjust my portfolio and I'm seeing positive results. Thank you for the insight.

Very repetitive and missing important links

I really like the ideas presented here but the most valuable information is in the tables that are often referenced but the audiobook doesn't include the tables so a lot of the details are missing. Really needs a PDF to go along with the audiobook.

Where’s the PDF

Very good information but it would be very helpful to see all of the graphs that are mentioned along with any lists or summary of data. Very useful information and new insights I’ve never come across before. Feel like I need the book to access data and achieve a better understanding.

Only one complaint

This is a fantastic resource for anyone interested in closed end funds and alternative investing strategies. My only complaint is that there are a lot of references to links to tools and tables, but are not accessible from the audio book. There really needs to be an accompanying PDF. I checked the author’s website to no avail.

The Income Factory is a game changer for anyone close to retirement or in retirement.

The Income Factory is a game changer for anyone close to retirement or in retirement . It highlights an overlooked asset class - closed funds as the vehicle to generate income for years and decades. Please listen to this book over and over again as you will discover nuggets of useful information each time you listen.

don't buy this here

Don't purchase this on audible instead, purchase it on Kindle. This audible book does not come with any supporting documentation. So as the narrator is talking, you can't refer to any of the figures or charts. If you purchase it on Kindle, it comes with narration built-in.

Not very effective in audio format

It’s really a shame the author didn’t include PDFs to accompany the audiobook. He spends a considerable amount of time ready portfolio composition data that’s difficult to meaningfully consume without supporting docs.

I also agree with other reviewers that the material is very repetitive and at times excruciatingly boring and I feel they could have done a better job editing down the material.

Repetitive Repetitive but listen on Repetitive

The book tells you great things about dividend reinvesting. The income factory as the book puts it. Repeatedly, chapter after chapter repetitively. No real deep insight here. And the term income factory is repeated over and over again.

Did I say this book is repetitive? - good thing it’s a short listen.

Here let me give you a synopsis: Dividends are good. Dividend reinvestment is better. Do research. Use webpage Seeking Alpha. Get rich over time.

Save your credit for something else.